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Investment Highlights
- Strategic corner location positioned at a signalized intersection with high visibility
- Significant frontage and multiple points of ingress/egress
- High daily traffic counts with approximately 24,200
- Convenient access to Highway 99 on/off ramps, providing quick regional connectivity
Executive Summary
The property consists of a freestanding building constructed in 2006 and situated on approximately 1.56 acres. Its former pharmacy configuration includes a rare double drive-thru design and extensive on-site parking, creating flexibility for a variety of future retail, medical, healthcare, financial services, or specialty commercial uses. The site's single-tenant layout also provides opportunities for owner-occupancy, repositioning, adaptive reuse, or redevelopment strategies depending on buyer objectives.
Regional accessibility further strengthens the investment profile. The property is located approximately one mile from Highway 198, providing convenient connectivity throughout Visalia and the greater Central Valley. Nearby demand generators include College of the Sequoias, Kaweah Health Urgent Care, Mt. Whitney High School, multiple elementary and middle schools, and established residential developments. These surrounding uses contribute to consistent consumer activity and support a broad range of commercial operations.
With its signalized hard-corner location, established infrastructure, substantial parking field, and flexible redevelopment potential, 1735 E. Walnut Avenue represents a compelling opportunity to acquire a highly visible commercial asset within one of California's primary agricultural and regional service markets.
Property Facts
Amenities
- Bus Line
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $16.20
- Double Net
- Mar 2033
Rite Aid Corporation is on the front lines of delivering health care services and retail products to over one million Americans daily. Their pharmacists are uniquely positioned to engage with customers and improve their health outcomes. Rite Aid Corporation provides an array of whole being health products and services for the entire family through their retail pharmacy locations across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | $16.20 | Double Net | Mar 2033 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
1735 E. Walnut Avenue presents a rare opportunity to lease a freestanding retail or medical redevelopment property at the signalized intersection of Walnut Avenue and Ben Maddox Way in Visalia, California. The single-tenant building offers a highly visible presence with frontage on two major thoroughfares, multiple points of ingress and egress, and a layout that supports a variety of healthcare, retail, service, and customer-focused uses.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 17,570 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 17,570 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 17,570 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | Now |
1735 E. Walnut Avenue presents a rare opportunity to lease a freestanding retail or medical redevelopment property at the signalized intersection of Walnut Avenue and Ben Maddox Way in Visalia, California. The single-tenant building offers a highly visible presence with frontage on two major thoroughfares, multiple points of ingress and egress, and a layout that supports a variety of healthcare, retail, service, and customer-focused uses.
Nearby Major Retailers
Property Taxes
| Parcel Number | 100-410-049-000 | Improvements Assessment | $2,500,000 |
| Land Assessment | $825,000 | Total Assessment | $3,325,000 |



